BAKU, Azerbaijan, October 3. Kazakhstan Deposits Insurance Fund raised the maximum recommended rates on savings deposits for November 2022, Trend reports citing the Fund.
The interest rates on non-term deposits will be 14 percent for deposits both with replenishment and no replenishment rights.
Thus, interest rates on term deposits with replenishment right placed for three and six months will be 14 percent, and for those without replenishment right it will be 14.5 percent.
Interest rates on term deposits with replenishment right placed for 12 and 24 months will be 13.7 and 9.7 percent respectively, whereas for those without replenishment right it will be 14 and 9.9 percent respectively.
Furthermore, interest rates on savings deposits with replenishment right placed for three and six months will be 15 and 15.5 percent, whereas for those without replenishment right it will be 15.5 and 16 percent.
In turn, interest rates on savings deposits with replenishment rights placed for 12 and 24 months will be 14.5 and 12.2 percent, whereas for those without replenishment rights it will be 15.7 and 13 percent.
---
Follow the author on Twitter: @nargiz_sadikh
